What Has the Fed Done to Our Lives?

The following is derived from a speech in my novel, The Flight of the Barbarous Relic

Wars must be funded, and for this governments functioning as states call upon the banking system for assistance.

Central Bank counterfeiting, which is another name for inflation, is the fuel that energizes the forces of war.  Inflation, or counterfeiting, amounts to issuing receipts for something that doesn’t exist, which legally is the prerogative of the central bank.  Calling such receipts money allows them t...

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Published on August 18, 2024 21:01
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Llewellyn H. Rockwell Jr.'s Blog

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